Question 1

Does Del Rey Oaks qualify for USDA loans?

Accepted Answer

Some addresses in Del Rey Oaks qualify, others don't. Run the USDA property eligibility map before you write an offer.

Question 2

What is the income limit for USDA loans in Monterey County?

Accepted Answer

Limits vary by household size and are set by USDA annually. Monterey County limits are above the national baseline — confirm your exact number with us.

Question 3

Can I use a USDA loan to buy a condo in Del Rey Oaks?

Accepted Answer

Condos must meet USDA property standards and be in an eligible area. Most condo approvals require extra review — plan for a longer timeline.

Question 4

How long does a USDA loan take to close in California?

Accepted Answer

USDA loans typically run 30-45 days. Rural Development office review adds time — don't expect a 21-day close.

Question 5

What credit score do I need for a USDA loan?

Accepted Answer

640 gets you into automated underwriting. Below that, you're in manual review — approval is possible but harder to pull off.

Question 6

Are USDA loans better than FHA in Monterey County?

Accepted Answer

If the property qualifies, USDA wins on down payment — zero versus 3.5%. Monthly costs depend on loan size and fees. Compare both side by side.

USDA Loans in Del Rey Oaks, CA — Zero Down in Monterey County